The four Rangers stake out and foil a bank robbery by the Emerson Gang, capturing leader Wayne Emerson and killing the rest except for Wayne's younger brother Ed. Reese's yearly enlistment with the Rangers is up and he intends on using his share of the reward money to buy some ranch land. He buys parcel 16 from the Fletchers and is excited until he discovers the land is under alkaline water! Eric sets out after the Fletchers, posing as a wealthy European who wants to buy land in Texas. Reese, Chad and Joe, with prisoner Wayne, in tow head for a rendezvous with Erik and the Fletchers in town. Reese wants to get his money back by force but Erik, Chad and Joe plan to get it back with finesse so they handcuff Reese to the bedpost in the hotel's bridal sweet along with Emerson. Later Chad and Joe decide Reese and Emerson would be safer in jail. They get Reese to sign his re-enlistment paper by telling him they will get the sheriff to let him out but keep it instead. Eric gets the Fl